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the company from china disagrees. decision could be months away. finally, it's like the seven-second delay on steroids. the state department is reportedly considering drastically rewriting its rules on social media novembering geinvolving two daye a tweet. "washington post" says the move may be in the wake of a scandal involving around a tell-all book but it's worth noting that the u.s. embassy in cairo egypt ran in trouble over tweeted apology over the anti-islam film that surfaced before the terror attack in benghazi, libya. there is a renewed battle going on tonight in california about renewable energy. specifically, solar power. it's about profit versus loss. tax collectors versus the taxpayers. correspondent william la jeunesse lays it all out for us. >> there will be screwups and bankruptcies. indictments and deaths. but we are going to keep going. >> critics be damned says governor jerry brown who backed solar energy regardless of cost or consequence. >> we're opposed to that obviously because we will be the ones to live with it forever. >>
the company from china disagrees. decision could be months away. finally, it's like the seven-second delay on steroids. the state department is reportedly considering drastically rewriting its rules on social media novembering geinvolving two daye a tweet. "washington post" says the move may be in the wake of a scandal involving around a tell-all book but it's worth noting that the u.s. embassy in cairo egypt ran in trouble over tweeted apology over the anti-islam film that surfaced...
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china's holding of u.s. debt has increased 56% over the course of the obama presidency which comes out to about $400 billion more. it has bought or invested in more than $15 billion in more than 100 u.s. companies going pack to january of 2010. that is influence. martha: new numbers raising fresh concerns here at home about our economy. the u.s. consumer spending numbers showing signs of weakening after four months of gains. experts blame things like very high unemployment of course and the prospect of increased taxes as we get closer to the fiscal cliff. looks like everybody's taxes are going up no matter how this thing is comes out. consumer spending accounts for more than 2/3 of economic output. especially important at this time of year of course when a lot of sectors in all of these areas have been struggling, here is a bit of good news. martha: okay. take it. bill: not a lot. if you're driving on the road, thanks to shrinking demand manned lower fuel prices gas is sinking like a stone. a drop of 34 cent
china's holding of u.s. debt has increased 56% over the course of the obama presidency which comes out to about $400 billion more. it has bought or invested in more than $15 billion in more than 100 u.s. companies going pack to january of 2010. that is influence. martha: new numbers raising fresh concerns here at home about our economy. the u.s. consumer spending numbers showing signs of weakening after four months of gains. experts blame things like very high unemployment of course and the...
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an analyst in south korea believes the international pressure could be a factor in the delay because china may have sent a strong message for the north to cancel the launch plan and the technical glitches in the third stage of the rocket could have only been a cover. that is speculation we cannot confirm. >>shepard: is anyone talking about openings to slow them down? >>guest: whatever lessons are applied to the missile launch could be learned from sanctioned applied to iran with a growing consensus the sanctions could be working and they could be applied to impose greater sanctions on north korea working with allies and the united states, especially true if light the fact that many components for missiles and north korea's nuclear program come from abroad. there is a risk that more sanctions end up hurting ordinary people in north korea. >> in an initial stage, yes, a lesson of iran at some point the sanctions can bite so deeply that the average person is going to suffer. now, these sanctions on north korea will probably make it harder on the elite. >> the six-nation talks to give north ko
an analyst in south korea believes the international pressure could be a factor in the delay because china may have sent a strong message for the north to cancel the launch plan and the technical glitches in the third stage of the rocket could have only been a cover. that is speculation we cannot confirm. >>shepard: is anyone talking about openings to slow them down? >>guest: whatever lessons are applied to the missile launch could be learned from sanctioned applied to iran with a...
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china has been a major gap in this whole system. on sanctions and north korea could face tougher action from china might constrict some of its ability to buy things that it absolutely needs for its nuclear programs. jon: you think it is likely american-made technology is helping north korea with its missile program? >> could be. i don't know the missile program nearly as well as the nuclear but what north korea does, it uses china a sense as a transshipment point because many companies, high-tech companies from america, from europe, have subsidiaries in china, selling to chinese industries and trading companies. north korea works that system very well to end up with those kinds of high-tech items from outside china. and so while i can't speak specifically on the missile program i certainly can on the nuclear and yes, indeed, north korea buys european high-tech equipment and likely u.s. equipment. so it's a problem. china has been made aware of the problem but they haven't done enough and, i think this missile launch could be a furth
china has been a major gap in this whole system. on sanctions and north korea could face tougher action from china might constrict some of its ability to buy things that it absolutely needs for its nuclear programs. jon: you think it is likely american-made technology is helping north korea with its missile program? >> could be. i don't know the missile program nearly as well as the nuclear but what north korea does, it uses china a sense as a transshipment point because many companies,...
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china and taiwan claim it. chinese ships enter japanese waters near the islands and chinese alleged anti-japan demonstrations. noda's key domestic policy issue was fiscal reform. he staked his career on hiking the consumption tax and reforming social security to chip away at japan's rising debt. the opposition liberal democrats and their allies helped him pass a package of bills after he promised to call a general election soon. but then noda added conditions. he wanted to enact legislation allowing the government to issue bonds defined as the current fiscal year's budget and he wanted to reform the electoral system. >> translator: if you agree to this condition i'm ready to dissolve the lower house on november 16th. please give your word to the people. >> reporter: that's what opposition leaders did. setting the stage for the election. >> prime minister noda is facing the biggest fight of his political life. nhk's latest opinion poll suggests kobe in trouble. the leader of the opposition party is attracting mo
china and taiwan claim it. chinese ships enter japanese waters near the islands and chinese alleged anti-japan demonstrations. noda's key domestic policy issue was fiscal reform. he staked his career on hiking the consumption tax and reforming social security to chip away at japan's rising debt. the opposition liberal democrats and their allies helped him pass a package of bills after he promised to call a general election soon. but then noda added conditions. he wanted to enact legislation...
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we're losing our life blood to china and other countries. but in particular to china. now, they've taken our money and now they're bringing the money back and buying our companies. that's going to happen more and more because they are loaded up to the gills and we're a debtor nation. so unless we get very smart, chinese leaders are outsmarting our leaders by a factor of 100. unless we get smart, you'll see more and more of this and then they're going to get into certain kinds of countries. this company is a little dangerous because you're talking about owning airplanes like by the numbers that you wouldn't believe. we're talking about massive planes, massive technology and massive number of planes. so do i like it? no. anything is going to be done about it? probably not because this country, our country, doesn't have the money to play the game. >> brian: i would think we should -- there are certain times we have stepped in. i hope we step in, if you feel sensitive technology in our airplanes could be up for grabs. i don't think we should allow that. i think you agree,
we're losing our life blood to china and other countries. but in particular to china. now, they've taken our money and now they're bringing the money back and buying our companies. that's going to happen more and more because they are loaded up to the gills and we're a debtor nation. so unless we get very smart, chinese leaders are outsmarting our leaders by a factor of 100. unless we get smart, you'll see more and more of this and then they're going to get into certain kinds of countries. this...
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china's holding of u.s. debt, too, has increased by over 50% in the course of president obama's presidency, so they own -- they already own about 33% of our -- 21% of our treasury securities, or at least they own most of the foreign ownership. >> they're the largest foreign holder of u.s. debt. megyn: thank you. okay. so on top of that, then their ownership of our debt has increased more than 50% over the past four years. is this a good thing? we need somebody to be buying us up. [laughter] >> well, good or bad, we are desperate borrowers, desperately looking for those who will buy our debt. because this nation depends on debt. 46 cents out of every dollar we have to borrow now for just the federal government. megyn: first we go to ourselves, right? first we go to american citizens and say would you like to buy some of america, and then we'll pay you back when we can? so we're number one, but china number two in terms of owning u.s. debt? >> the largest foreign holder, 22% of treasuries, over a trillion doll
china's holding of u.s. debt, too, has increased by over 50% in the course of president obama's presidency, so they own -- they already own about 33% of our -- 21% of our treasury securities, or at least they own most of the foreign ownership. >> they're the largest foreign holder of u.s. debt. megyn: thank you. okay. so on top of that, then their ownership of our debt has increased more than 50% over the past four years. is this a good thing? we need somebody to be buying us up....
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advantageous platform for manufacturing other than for china. stuart: do you think many of these jobs will come back, many of them will come back to america? >> many of them will come back to the u.s. austin consulting group says in 2015 you'll see seven industries it will be cheaper to manufacture in the u.s. than china and all sorts of manufacturing deals here. >> what. >> transportation costs are lower. delivery to market is slashed. energy prices are much cheaper. your work force is more productive and less likely to go out on strike. stuart: wait, wait a minute. the work force in america is more productive and less likely to go on strike than china, is that right? >> in china you have one wild cat strike after another, and suicide. and they make the products for apple said 10,000 robots and in 2014 one million. wh you have robot production, that minimizes china's cheap labor. and in california where they have facilities with robots it's just as cheap orrer than a robot in shin sheng. you wait a minute how come you're so wrong, china hasn't
advantageous platform for manufacturing other than for china. stuart: do you think many of these jobs will come back, many of them will come back to america? >> many of them will come back to the u.s. austin consulting group says in 2015 you'll see seven industries it will be cheaper to manufacture in the u.s. than china and all sorts of manufacturing deals here. >> what. >> transportation costs are lower. delivery to market is slashed. energy prices are much cheaper. your...
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a lot of growth china not using as much oil. that is behind the price drop. >> some taking long trips on the holidays it is easier to stop along the way. >> some have stakeouts south carolina was the lowest. i will tell them to fill up the tanks there before we go on the road. >> a lot are pulling out the stops so they can spend some money. >> also get in the mood, too. bobble bar have a physical location in new york city they have free scotch in there to try to loosen them up and purchase a few more bobbles out there. the gap banana republic giving away a fee at. you have starbucks $250 gift card membership cards there with free coffee or a month. they are pulling out all of the stops to get you there. >> you have the least satisfying careers and most satisfying careers. >> my plan.com looked at the top 300 and bottom 300 of jobs out there. let's look at the least happy person. mail clerk. i am not talking about the box office. perhaps this is motivation to get out of the mail room and move up the ladder. let's go through the h
a lot of growth china not using as much oil. that is behind the price drop. >> some taking long trips on the holidays it is easier to stop along the way. >> some have stakeouts south carolina was the lowest. i will tell them to fill up the tanks there before we go on the road. >> a lot are pulling out the stops so they can spend some money. >> also get in the mood, too. bobble bar have a physical location in new york city they have free scotch in there to try to loosen...
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the theme of china by north american exits. the leasing company is huge, the second-largest leasing company in the world, aircraft leasing company after ge. ashley: is attractive because of the emerging amount of travelers in asia? >> absolutely. they will be 40% of the aircraft market through 2026, 500 airplanes each giving them a big hole. it is a great deal for them, not a particularly robust evaluation for aig, but i don't think they care that much. they pay down most of what they owed the government. implied value, $5.3 billion is about half of the value of the stock. it is not such a bad deal even though it be counting book value of this deal is only the truly off 100% roughly, 50-65% and other transactions in leasing for more robust prices. the big issue to me, the theme yoyou're starting to see is chia is buying north american assets. they're not satisfied with that. a query for $15 billion canadian energy company. they are buying other think of these subject to government approval systems, electric battery maker in ban
the theme of china by north american exits. the leasing company is huge, the second-largest leasing company in the world, aircraft leasing company after ge. ashley: is attractive because of the emerging amount of travelers in asia? >> absolutely. they will be 40% of the aircraft market through 2026, 500 airplanes each giving them a big hole. it is a great deal for them, not a particularly robust evaluation for aig, but i don't think they care that much. they pay down most of what they...
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than china. partly because of relative wage levels, but also partly because of its proximity to the market and with energy and transport costs being what they are today, you're going to see a lot of change. and the u.s., like our industrialized economies, is going to have opportunities and it needs to prepare itself to exploit those opportunities. >> the ilo director general guy ryder talking to carolin. just a reminder, we spoke to pascal lamy who confirmed they've downgraded the world trade percent this year. that's had an impact on the volume of trade. it did ask him about what he thought the political situation in italy was going to develop and what impact. he said he thought and believed it would be contained, but then, of course, we might expect him to say that, as well. but he was speaking with mario monti earlier in the weekend, as well. on saturday he was with him. >> a diplomatic response, i would expect no less. great stuff from geneva. looking forward to having you back here tomorrow.
than china. partly because of relative wage levels, but also partly because of its proximity to the market and with energy and transport costs being what they are today, you're going to see a lot of change. and the u.s., like our industrialized economies, is going to have opportunities and it needs to prepare itself to exploit those opportunities. >> the ilo director general guy ryder talking to carolin. just a reminder, we spoke to pascal lamy who confirmed they've downgraded the world...
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host: what slip by in the answer -- look at china. they are not as technologically advanced as far as military. they have one aircraft carrier and a small air force. that question was dodged. wheat dominate militarily and with nuclear-weapons compared to the rest of the world. there was a fear that it would become too powerful. here we go again with across- the-board cuts when we should be looking at the contract situation. there is a system with the defense department and contractors. there is a lot of waste going on in purchasing. the defense department succeeds all other areas of government. everybody supports our defense. i believe are most important national interest is our own people and putting the funding into rebuilding the urban areas of the united states and bringing poor people up to a standard of living where they can get by. we spent over $300 billion on and afghanistan. guest: the caller is correct when he talks about china. they are just barely beginning to use aircraft carriers and things like this. they are much more
host: what slip by in the answer -- look at china. they are not as technologically advanced as far as military. they have one aircraft carrier and a small air force. that question was dodged. wheat dominate militarily and with nuclear-weapons compared to the rest of the world. there was a fear that it would become too powerful. here we go again with across- the-board cuts when we should be looking at the contract situation. there is a system with the defense department and contractors. there is...
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dennis: here comes china. a new u.s. intelligence report says beijing will have the world's largest economy by 2030. cheryl: and also coming up, we're going to tell you which banking chief bought this hamptons' home that was listed on the market for $32.5 million. deps dennis but i'll betcha they got it for a steal, for like only 29 million. and a look at some of today's winners over on the s&p. nicole: i am nicole petallides live on the floor of the new york stock exchange. every 15 minutes on fox business, we do stocks now. this could be a record setting day for fedex. they are saying that they plan on moving 19 million packages today. this would be their busiest day ever for the company. they are saying that e-commerce is one of the reasons why they expect this growth. we will see overall, year over year, for this season, possibly a 13% growth year over year. dennis: they are so early. i am so impressed. thank you very much. federal reserve buys $40 billion in mortgage-backed securities each month. you can see it will
dennis: here comes china. a new u.s. intelligence report says beijing will have the world's largest economy by 2030. cheryl: and also coming up, we're going to tell you which banking chief bought this hamptons' home that was listed on the market for $32.5 million. deps dennis but i'll betcha they got it for a steal, for like only 29 million. and a look at some of today's winners over on the s&p. nicole: i am nicole petallides live on the floor of the new york stock exchange. every 15...
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. >> let's talk about china. they passed a japan and we have a prediction--2030 is a new year that is out by independent study. they are continuing to grow and this research stated that russia will probably weigh but china will grow. they stated that american will remain the worldwide leader because we found ways to get oil. some of your money has to go to the international market. i like china as a long-term player. >> $50 million for a pepsi commercial. this is a smart mold for her.move for her. beys a big deal with them. they're all advertising rebel, a toyota and their advertising by using musicians. they are supporting the artist. >> the company that sells soda support-- >> on to bay area traffic. >> we start with a live look in the city on our roof top camera. this is on van ness ave. this is beautiful blue skies and there's no clouds in the sky. we will see a another day of gorgeous weather with a loss of sunshine and it will be a chilly start for us. by this afternoon it will be mild. some places may get
. >> let's talk about china. they passed a japan and we have a prediction--2030 is a new year that is out by independent study. they are continuing to grow and this research stated that russia will probably weigh but china will grow. they stated that american will remain the worldwide leader because we found ways to get oil. some of your money has to go to the international market. i like china as a long-term player. >> $50 million for a pepsi commercial. this is a smart mold for...
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china's state owned oil giant c-nook swooped in to acquire nexen for a cool $15 billion. note to the obama administration, it is not happening in a bubble. last year you'll recall the obama administration put off a decision on the excel pipeline, an extension of a pipeline that would connect the oil in alberta to the gulf of mexico and international markets. the democrats killed it because of concerns from environmentalists. the proposed route crossed the aquifer in nebraska and white house and state department officials could have just insisted on rerouting the pipe, but they didn't. a bad move, one that was highly thought to play to the president's base. now that the elections are over, a review of a new route will begin sometime next year. the leakages of that pipe were a minor concern, though it got all the headlines. a more legitimate environmental concern is carbon emissions. processing crude that is mined from the oil sands emits double the emissions of regular drilled oil. but oil sands still -- that still scarce, oil is still scarce, the chinese lead lots of it,
china's state owned oil giant c-nook swooped in to acquire nexen for a cool $15 billion. note to the obama administration, it is not happening in a bubble. last year you'll recall the obama administration put off a decision on the excel pipeline, an extension of a pipeline that would connect the oil in alberta to the gulf of mexico and international markets. the democrats killed it because of concerns from environmentalists. the proposed route crossed the aquifer in nebraska and white house and...
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this proposal also won the backing of russia and china at a conference in dubai. the pitch for direct regulation came as an unwelcome surprise to delegations from the united states and other countries that have supported the current system of regulation for the internet. when we come back, the near-term economic impact of america's debt crisis, we'll convene our "squawk" economic panel. nathan sheets and ian shepherdson on growth in 2013. right now, take a look at the equity futures. down by about 13 points. the s&p futures down by 3 points. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> welcome back to "squawk box," everyone. let's get a look at som
this proposal also won the backing of russia and china at a conference in dubai. the pitch for direct regulation came as an unwelcome surprise to delegations from the united states and other countries that have supported the current system of regulation for the internet. when we come back, the near-term economic impact of america's debt crisis, we'll convene our "squawk" economic panel. nathan sheets and ian shepherdson on growth in 2013. right now, take a look at the equity futures....
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. >> china or sweeden or someplace else. >> hopefully we make them here and they become -- we become more energy independent. >> every time during campaign, i must tell you -- peter, we talked about this on the air, romney saying and he spent $95 million$95,000,000 or a billion dollars on renew alan energy. i kept wondering if he would say you are damn right i did. >> there were a lot of jobs created. >> exactly? >> not only in places like california. you and i know that, around the country and florida and in maine and boston where you see individual state leaders taking it uponthems to make these investments as well but that has to continue. we have to be at the forefront of that. >> and as we go as californians californians, we have to to say what happened in michigan is deplorable, what happened in california where there was an initiative and the labor unions got the together and we were able to fight back and defeat that initiative in california. the fight goes on. madam secretary, it's always good to have you in studio. thank you so much for great work you are doing. >> thank yo
. >> china or sweeden or someplace else. >> hopefully we make them here and they become -- we become more energy independent. >> every time during campaign, i must tell you -- peter, we talked about this on the air, romney saying and he spent $95 million$95,000,000 or a billion dollars on renew alan energy. i kept wondering if he would say you are damn right i did. >> there were a lot of jobs created. >> exactly? >> not only in places like california. you and...
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the problem from the russian point of view was that gorbachev also wanted to improve relations with china and japan. and with 100 inf missiles directed at him, how was he going to do that? it's really not in their interest to have 100 missiles out of europe. and it was really in their interest. now, we now have access, have for some years, records of the polit bureau discussions. and let me go back to a couple words about president reagan. before he first met gorbachev, he wrote out on a yellow pad several pages, without any prompting from anybody, what he wanted to achieve in geneva in his first meeting. this was handed literally to me as we are getting off the plane in geneva, saying this is what the president has on his mind. if he is wrong somewhere, we will have to straighten him out. actually, it was a very, very precise paper. and among other things, he pointed out that our biggest problems, one of these was a lack of trust. that he had to find a way to begin to create trust. we're not going to solve anything else. he also had it, if i don't achieve anything else, i must convince g
the problem from the russian point of view was that gorbachev also wanted to improve relations with china and japan. and with 100 inf missiles directed at him, how was he going to do that? it's really not in their interest to have 100 missiles out of europe. and it was really in their interest. now, we now have access, have for some years, records of the polit bureau discussions. and let me go back to a couple words about president reagan. before he first met gorbachev, he wrote out on a yellow...
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. >>> in china, christmas tr ornaments are on display. in florida, packages are shipped on what they expect to be the busiest day of the year. and in japan, monkeys cuddle together in the snow. hot shots, pictures from around the world. >> those monkeys in japan, not the only monkeys in the news today. jeanne moos has proof that nothing perks up a hum drum shopping day like a monkey in a fancy coat. >> you go to ikea expecting cheap furniture. >> this is so bizarre. why is there a monkey at ikea. >> there he was running around in an outfit that freaked everyone out. >> it's faux fur, not a shearli shearling. >> double breasted, no less. the tweets started to fly. anyone lose their monkey at ikea? actually, yeah. the owner was shopping inside the store when monkey managed to get out of his crate and then out of the car. >> all the people were trying to, like, call it towards them, but it was very scared. it was darting all over the place. they were trying to get it away from cars. >> his diaper only detracted a little from what was later d
. >>> in china, christmas tr ornaments are on display. in florida, packages are shipped on what they expect to be the busiest day of the year. and in japan, monkeys cuddle together in the snow. hot shots, pictures from around the world. >> those monkeys in japan, not the only monkeys in the news today. jeanne moos has proof that nothing perks up a hum drum shopping day like a monkey in a fancy coat. >> you go to ikea expecting cheap furniture. >> this is so bizarre....